My guests in this episode are Patrik Tjokorda, Josef Tětek and Tomas Marada, we met at the Hackers Congress in Prague. They are working on a project called DEBNK. Their goal is to build global peer banking on top of the bitcoin settlement layer. This trustless third layer on top of bitcoin will be able to store different assets and can make stablecoins obsolete. We talk about how this will be implemented, the use cases they see and about volatility and price discovery in bitcoin, the block subsidy, the halving and bitcoin in the Czech Republic. At the moment the development team is looking for grants to bootstrap the MVP, the minimal viable product. Patrik and Tomas just launched a bitcoin quant fund www.hedge.capital, that will also serve as funding vehicle for DEBNK later on.
We talk about

bitcoin will change how we cooperate as a society
3rd layer on bitcoin – financialisation of bitcoin
storing different asset on bitcoin infrastructure
accounting assets on top of lightning channels
CFD contract for difference: Usecase derivatives
No need for stablecoins
Volatility and price discovery in bitcoin
PlanB, Stock to flow
BAKKT, derivatives space
Opting out of the system with bitcoin today
Personal privacy practises
“Bitcoins security budget is adequat for now” …Scroll down for video
Block subsidy and halving
Transaction density and Lightning Network
Bitcoin in the Czech Republic

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Der Beitrag DEBNK: Building Global Trustless Peer Banking on Top of Bitcoin erschien zuerst auf The Anita Posch Show.
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